- Entera, a premier real estate technology platform that enables investors to efficiently access, announced it has raised $7.5 million in funding
Entera — a premier real estate technology platform that enables investors to efficiently access, make data-driven decisions, and purchase residential real estate — announced it has raised $7.5 million in funding. This round of funding was led by Bullpen Capital and Craft Ventures with participation from ValueStream Ventures and Chris Heller, who is the former CEO of Keller Williams and currently the Chief Real Estate Officer of OJO Labs.
Real estate investors are using Entera to access 20% more properties, make more confident decisions, and win twice as many properties at 2.5x faster than the traditional process. And Entera will use the funding to expand the reach of its technology platform and continue to build out its team who have serviced over $12 billion of single-family transactions. The traditional methods of investing in residential real estate have been proven to be inadequate and Entera changes the game by offering access to on and off-market properties at scale, machine learning discovery, powerful decision tools, and local tech-enabled transaction services.
“Similar to brokerages like E-Trade and Charles Schwab, Entera delivers 100% cloud-based enterprise-level solutions that enable investors to make the best decisions and buy with ease,” said Entera co-founder and CEO Martin Kay. “With hundreds of thousands of available properties, our platform unlocks billions of dollars of investment capital looking to enter residential real estate in a meaningful way.”
Many of the biggest residential real estate investors use Entera daily to find, choose and buy homes across 13 markets.
“Real estate markets have long since moved online, but prior to Entera, there was no unified platform designed for professional real estate buyers and funds, a large and growing segment, to find, price or transact,” added Eric Wiesen, general partner at Bullpen Capital. “As more professional capital moves into residential real estate, companies like Entera who provide leading technology and tools and a highly experienced team will play a critical role.”
Entera’s end-to-end residential real estate investment platform modernizes the real estate buying process and is powered by machine-learning. And Entera’s proprietary discovery algorithms, intelligent tools, and tech-enabled local expert real estate service team help clients access and evaluate more properties.
“Entera’s platform, with its intuitive tools and user-friendly interface, is the real estate application that professional buyers and funds have been waiting for,” explained Lainy Painter, principal at Craft Ventures. “This technology will let people buy and sell properties with ease, transparency, and confidence, enabling investment capital to flow far more freely into residential real estate.”
Entera is based in San Francisco, New York, and Houston with satellite service offices in 13 additional markets across the US.
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